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Monday’s Trailheads

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Fallacies Forthcoming: Why Mazzucato’s Latest Is Already Outdated by Laura Williams Economics is a peculiar science. On the one hand, it is the queen of the social sciences and offers a powerful logic for understanding the world. On the other, as Henry Hazlitt put it, it is haunted by more fallacies than any other study known to man. People simply love to misunderstand economics. Ironically, this presents a profit opportunity to those who choose to exploit people’s willing ignorance…especially if they are economists.

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